Living here
Average rent in Newark
What renters actually pay, by number of bedrooms, and how Newark compares with New Jersey and the US.
Median rent
$1,330/mo
1% below US
1 bedroom
$978/mo
17% below US
2 bedrooms
$1,386/mo
4% above US
Renters paying 30%+ of income
58%
US 50%
Renter households
86,314
Rent by number of bedrooms
Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.
How Newark compares
- Newark$1,111
- New Jersey$1,268
- United States$1,185
- Newark$978
- New Jersey$1,410
- United States$1,180
- Newark$1,386
- New Jersey$1,741
- United States$1,338
- Newark$1,695
- New Jersey$1,949
- United States$1,500
Two-bedroom rent in nearby cities
- Newark$1,386
- Jersey City$1,857
- Edison$2,094
- Princeton$2,780
- Atlantic City$1,138
- Newark58%
- Jersey City44%
- Edison37%
- Princeton41%
- Atlantic City58%
Nearby cities are other Local City Network guides in New Jersey, nearest first.
What rent can you afford?
At 30% of income you can spend about $1,386 a month.
- Studio $1,111
- 1 bedroom $978
- 2 bedrooms $1,386
- 3 bedrooms $1,695
- 4 bedrooms $1,931
- 5+ bedrooms $1,918
Green means the median Newark rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.
How stretched are renters?
58% of Newark renters spend 30% or more of their income on rent, and 32% spend half or more. The typical renter household puts 34.5% of its income toward rent (US: 50% and 25%).
Rent by zip code
Median gross rent for each ZIP Code Tabulation Area that overlaps Newark.
HUD fair market rents
HUD’s 2027 fair market rents for Newark, NJ HUD Metro FMR Area are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.
More on living in Newark
Neighborhoods of Newark
Questions
What is the average rent in Newark?
The median gross rent (rent plus utilities) is $1,330 a month, 20% below the New Jersey median and 1% below the national median.
How much is a one-bedroom apartment in Newark?
The median one-bedroom rents for $978 a month (US: $1,180).
How much is a two-bedroom in Newark?
The median two-bedroom rents for $1,386 a month (US: $1,338).
How much do you need to make to rent in Newark?
Using the common 30% rule, a median two-bedroom ($1,386) takes a household income of about $55,440 a year, and a one-bedroom about $39,120.
Is rent affordable in Newark?
About 58% of Newark renters spend 30% or more of their income on rent, and 32% spend at least half (US: 50% and 25%).
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.